Economy

More than 5,000 tons of shampoos worth over 531.4 billion rials ($16.38 million) were imported into Iran from 15 countries during the five months to Aug. 22, figures released by the Islamic…

The increase in Consumer Price Index ranged from 0.4% to 11.9% for different goods and services in the 12 months ending Oct. 22, compared with last year’s corresponding period. According to the…

India on Sunday sent its first consignment of wheat for Afghanistan to be transited through Chabahar Port in Iran, seen as a “landmark” move to operationalize the strategic transit route.

Iran Space Research Center is set to expand collaboration with academia and increase investment in the sector.

The center's research deputy, Saeed Shakhesi, said more than 100 research…

Iran's top Internet service provider and three local mobile operators have started offering free Wi-Fi services in Tehran and other major cities.

According to the Telecoms Ministry's…

A new debit-card-stealing malware is targeting Iranian Microsoft Windows users and the attack is turning into an epidemic.

A government agency affiliated with the Telecom Ministry, Iran…

Bushehr Nuclear Power Plant in the south has generated 25 billion kilowatt-hours of electricity since it went on stream since its launch in 2011, which is equivalent to consuming 6 billion…

After reports emerged that the banking woes of Iranian citizens in China have resurfaced and they are increasingly finding their accounts closed, the Iranian Embassy in Beijing announced that it…

In an unprecedented move, the Central Bank of Iran has increased the official rate of US dollar by 300 rials on Saturday.

CBI began gradually increasing the official rate of the…

The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in Tehran’s open and official foreign exchange markets on Saturday. According…

A senior official disclosed details of the $13.5 billion finance deals with Germany and Japan to be used in Iran's rail projects.

The trip of Iran’s Foreign Minister Mohammad Javad Zarif to Africa also bore banking fruits, as Iran will be able to establish correspondent banking relations with South Africa, Uganda and Niger…

The ubiquitous debate over Iran’s shaky foreign trade and non-oil exports surfaced once more when H1 trade statistics were out last month, showing a 3.2% decline in exports and a 15.37% rise in…

Iran exported 23,000 tons of different types of cheese worth close to $108 million to 21 countries during the six months to Sept. 22, the Persian newspaper Donya-e-Eqtesad reported, citing data…

A Pakistani business delegation arrived in Mashhad on Friday for a two-day stay in the northeastern city and the capital of the northeastern Khorasan Razavi Province.

Some 514,000 tons of commodities worth $224 million were exported from West Azarbaijan Province in Iran’s northwest during the six months to Sept. 22, registering a 2% rise in value and a 38%…

Iran attracted $24.95 billion in foreign investments from Sept. 23, 2013, to Sept. 22, 2017, the director general of the Ministry of Industries, Mining and Trade’s Foreign Investment Office said…

A project to use agricultural production waste as livestock feed will be piloted in 11 provinces by the end of the current Iranian year (March 20, 2018), an official with the Ministry of…

Iran Alumina Company exported 17,000 tons of alumina powder to Central Asian countries in the first six months of the current Iranian year (March 21-Sept. 22), announced the governor of Jajarm…

Nine provinces, namely Semnan (7.1), Markazi (8.2%), Gilan (9.2%), East Azarbaijan and Mazandaran (9.5%), Hamedan and Zanjan (9.7%), Ardabil and North Khorasan (9.9%) registered single-digit…

Tehran Stock Exchange’s main index gained 298.60 points or 0.34% to end Saturday trade at 86,935.4.

About 574 million shares valued at $34.800 million changed hands for the day.

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Peugeot 508 that entered the Iranian market through imports in July has failed to draw the attention of luxury sedan lovers. The vehicle is imported by Iran Khodro as part of a joint venture…

Iran’s midrange auto sector is seeing sudden hike in prices of locally produced and assembled models soon after prices of imported vehicles jumped over the past few months.

According to…

During a visit to Baku Economy Minister Masoud Karbasian and his Azeri   counterpart Shahin Mustafayev discussed ways to expand collaboration in the auto industry, the local news…

Iran is pressing ahead with the construction of a string of new petrochemical ventures to become a leading player in the regional petrochemical market and make more profit of its massive…